Custody Client Service Officer

Citi; New York (NY); On-site; USD 70,000 - 90,000; Full time

Job summary

Citi is looking for a Custody Client Service Officer in New York, NY, who will serve as the primary contact for clients needing assistance. Responsibilities include delivering custody services, managing client transactions, and ensuring compliance with banking policies.

The ideal candidate will have 3-5 years of relevant client services experience, strong understanding of custody processes, and excellent communication skills. A degree or equivalent experience is required.

Qualifications

• 3-5 years of relevant experience in Client Services role, preferably in Custody Settlements.
• Good understanding of Reconciliations, Cash and Stock Reconciliations.
• Experience in DTC and FED Markets.

Responsibilities

• Deliver Custody Services to internal and external clients.
• Manage and execute client transactions ensuring compliance.
• Participate in client calls and perform service quality checks.

Skills

Client Services

Custody Processes

Reconciliations

Communication Skills

Organizational Skills

Education

Bachelor's/University degree or equivalent experience

Tools

Citi Applications

Job description

Custody Client Service Officer

Job Req Id: 25835486

Location: Pune, Maharashtra, India

Job Type: On-Site/Resident

Posted: May. 07, 2025

Job Overview

Client services Officer represent the first point of contact for clients needing assistance with businesses' products and its associated services. Identifies inconsistencies in data or results, defines business issues and formulates procedures or practices. Integrates established disciplinary knowledge within own specialty area with basic understanding of related industry practices. Duties also includes fostering positive client relations, managing inquiries, and promptly directing clients’ complaints to relevant departments and works on providing solutions within stimulated and agreed timeframe. Timely review of Clients feedback and engage in improving the service relations by providing high level of quality services.

Responsibilities

• Deliver Custody Services to internal clients and external institutional clients for settlement transactions.
• Supports a range of products/ services and projects in accordance with established systems and procedures, under general supervision.
• Manage and execute client transactions with respect to business, credit, and investment products. Ensure transactions are completed within audit and compliance standards as well as timely majorly revisions of communications, notifications and facilitating processing of transactions.
• Take ownership of client and collaborate with operational and middle office teams to ensure effective resolution.
• Applies analytical thinking and knowledge of data analysis tools and methodologies to identify process improvements and support the implementation of projects.
• Enforce banking policies and procedures to ensure operational integrity while maintaining high client satisfaction.
• Proactively arrange and participate in client calls and perform service quality check-in calls to clients.
• Identify and document new business opportunities for referral to product specialist.
• Perform responsibilities through proficient use Citi applications. Participate in service-related process improvements.
• Applies a good knowledge of a wide range of specialized administrative/technical skills to monitor, analyze and/or evaluate processes and data; most of the impact is related to the accuracy of tasks performed, and the quality and timeliness of tasks that affect own team and closely related teams.
• Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications

• 3-5 years of relevant experience. Preferable US market in Client Services role in Custody Settlements area.
• Well versed with Custody processes.
• Good understanding of Reconciliations. Cash and Stock Reconciliations.
• Swift notifications knowledge – MT54X’
• Experience in DTC and FED Markets. ( How DTC & FED functions / DK (dontknow) of trades )
• Well versed with transactional life cycle into trades.
• Settlement function works , knowledge about security markets.
• Good communication skill written and verbal for client services.
• Consistently demonstrates clear and concise written and verbal communication skills.
• Ability to multi-task with strong organizational and time management skills per the needs of team and clients.
• Ability to problem solve and analyse data with demonstration of attention to detail.
• Strong verbal and written communication skills.
• Client facing experience; strong background and interest in the fields of operations and compliance; previous experience & knowledge of investments, banking, and custody products.

Education

• Bachelor's/University degree or equivalent experience.

Job Family Group: Operations - Transaction Services

Job Family: Securities and Derivatives Processing

Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Citigroup invites all qualified interested applicants to apply for career opportunities. View the EEO is the Law poster. View the EEO is the Law Supplement. View the EEO Policy Statement. View the Pay Transparency Posting.